BitGo seeks to become a qualified crypto custodian in New York state
Digital asset financial services firm BitGo has formally applied for a New York Trust Charter from the NYDFS. Go to Source Powered by WPeMatico
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Mainstream Institutions No Longer Have Regulatory Reasons to Fear Crypto
Institutions on the fence about crypto involvement may no longer fear legal uncertainty, given recent crypto custody regulatory clarity. Go to Source Powered by WPeMatico
German Bank Partners With Singapore Fintech Consortium on Blockchain
German bank WEG has partnered with Anquan Capital to explore DLT applications in the banking and financial services industries. Go to Source Powered by WPeMatico
Swiss Association Issues New Common Standards for Crypto Custody
The Geneva-based Capital Markets and Technology Association moves on from anti-money laundering standards to digital asset custody and management Go to Source Powered by WPeMatico
Crypto Bank Pioneer Wants Greater Transparency Across the Industry
The Wall Street veteran warns that the rise of stablecoins is distributing ‘IOUs’ throughout the digital asset sector Go to Source Powered by WPeMatico
Bison Trails Announces Integration With Coinbase Custody
Bison Trails will provide support for the Polkadot protocol with its Coinbase Custody integration Go to Source Powered by WPeMatico
If You Don’t Trust Yourself, These Crypto Vaults Will Help You Hodl Safely
Hodling in difficult times has historically proven to be a long-term winning strategy. Keeping your cryptocurrency in your own cold storage is by default a good idea as far as security is concerned. But if you don’t trust yourself to not lose a small hardware device or a piece of paper, then there are alternatives … Read more
Illinois Can Claim ‘Abandoned’ Cryptocurrency Under New Bill
Illinois will consider any crypto held by custodians as abandoned after five years of inactivity Go to Source Powered by WPeMatico
Institutional Custody Is Key as KPMG Estimates $9.8 Billion in Crypto Stolen Since 2017
More than $9.8 billion in crypto was stolen since 2017, according to KPMG Go to Source Powered by WPeMatico
From Single Key to Sophisticated Computation: The Evolution of Crypto Exchange Custody
When the first cryptocurrency exchanges sprung up in late 2010, multisig wallets had yet to be invented. As a result, a single private key was commonly used to control all customer funds. Today, multisig has been complemented by sophisticated solutions such as Unbound Tech’s CASP, which uses secure multi-party computation. Despite these innovations, many exchanges … Read more